Insurance Clauses - Wrap Up Insurance

Wrap-Up

When do they apply?

• Recommended by Risk Management to assist agencies in reducing costs, managing sub-contractors, and improving safety on very large construction projects ($90 million and up). If you are in need of  this type of coverage, contact Risk Management.

Notes

• Wrap-up insurance is also called Controlled Insurance Program. It means the Project Owner, or General Contractor buys one policy to cover the entire project. All sub-contractors are enrolled in the project.